.jpg)
Market capitalization is one of the most commonly used metrics to legitimize the value of a cryptocurrency. We often hear of a token breaking into the top 10 ranking by market cap, with tokens like BNB making headlines after a move into the top 5, cementing it as a pillar in the crypto ecosystem. However, all it takes is a quick run through the top 20 or 30 tokens to realize not all market caps are created equal. FTT was a top 20 token pre-collapse and LUNA was once ranked in the top 10. While market cap works as a rough estimation of a token’s value, an asset is only as valuable as it is liquid.
Click here for full details.
